Blue-Chip Dividend Growth Stock Rarely In Value: Double-Digit Dividend Growth | FAST Graphs
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- เผยแพร่เมื่อ 27 ก.ย. 2024
- Medtronic PLC (MDT) is one of the premier “Big 4” medical device stocks. This high-quality blue-chip dividend growth stock has increased its dividend for 45 consecutive years with no end in sight. Mr. Market normally prices this blue-chip at a premium valuation. However, Medtronic, which started out significantly overvalued in 2022, has recently moved into fair value territory. Consequently, this is a rare opportunity to invest in this A rated dividend growth stock with low debt to capture a dividend yield that is currently over 3%.
In this video, I cover the basic fundamental valuation modalities which indicate a research candidate worthy of conducting a more comprehensive research effort. Additionally, I will illustrate how easy it is to conduct that research effort when you have the proper research tools at your disposal. In short, FAST Graphs make it easier and faster to research a stock than ever before.
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Disclaimer: FAST Graphs is a tool designed to reveal and present information related to financial data and investment metrics. It is not intended to provide specific advice or recommendations. Instead, it offers a comprehensive view of relevant data, empowering users to make informed decisions based on their own analysis. It's your first step to a more comprehensive research and due diligence process. In short, it is a tool to think with. The opinions in this video are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks mentioned.
#dividends #stocks #investing
I've had MDT on my watchlist, gives me a lot more confidence when you take the time to highlight it.
Phenomenal investment that has been in my portfolio for a long-while. I do not think it gets enough credit within the dividend investor community and often flies under the radar. Solid stock to buy and hold... Medical devices aren't going anywhere anytime soon, especially from this medical industry leader... I am debating however to sell on the rebound and put all the capital into my JNJ position to build it up substantially as I am to trim my portfolio!
Chuck you are a true gem. Offering all of these great pearls of wisdom for free and to the general public. You are a diamond in the rough and a national treasure in the retail investor world. Baruch HaShem We have you to lead us during these uncertain economic and personal financial times.
This is obsolutely invaluable information! Thank you so much for all your efforts and time that make these videos available to all!
Love it. I use Medtronic on a daily basis as a Paramedic here in Norway. Best in class on what i use in my work:) Like the stock aswell now, and the high yeald it gives aswell as the div. growth :)
3% high yield? At 10% inflation? Really?
@@jdr4674 oh i have high yeald too. But yes i like this investment and buiseness.
Excellent summary.
I'm finding more and more subtle and intuitive features in FASTgraphs. It is a powerful visual analysis tool.
So much depends on valuation (today's analysis) and forecasts (tomorrow's projections). FASTgraphs presents both of these visually in a very intuitive way.
As I write this, Deutsche Bank downgraded MDT. This will now change the shape of the consensus forecast in FASTgraphs. The tool presents all current and historical information clearly and visually.
Having said all that, with this volatility and pivot expectations, I'd love to start hearing your analysis of 5 or 6 good valuation opportunities each week.
Keep up the great work!
There value in these videos is epic. Watching how you analyze a stock has been so educational. Many thanks. I have started the free trial of FAST Graphs, and am trying to get my head around it! 😅
Thanks again and good to hear. I just started to add MDT last week. Those (HUGO with Medtronic) robotic surgeries will be huge, about 80 trillion business in the future. They also have large diversification around the world. Greetings from the cold north, Finland 🇫🇮📈🙏
Already been purchasing this stock last few weeks.
Just a heads up, 11/17/22 The Yahoo Finance quote that Chuck shows at 9.01 of the video is now at 3.23% down from 12.66%.
Thanks for all the education you share with us Chuck.
Andy: thanks for the heads up simply proves there is no substitute for continuous comprehensive research and due diligence. Thanks, Chuck
Thanks Chuck.I added more to MDT today, 11/22/2022, which, according to Fast Graphs and my excel spreadsheet, is currently below my cost basis. Buy Low!
Chuck - With so many stocks coming in margin of safety I need to start printing money :) Can't cope up with your suggestions. I am running out of money Chuck!!
In Times of buy opportunity, Money is Always Missing😅
@@smoki99able yes. But I am waiting for my CD to mature this month end and then I will go on a rampage I mean slow rampage each week
Just found the channel from a reference on a dividend discord. Sub'd
Thanks Chuck. I've been slowly adding recently. Always love a little affirmation!!
Absolutely wonderful analysis. Thank you for sharing this Chuck. Will start a new position today and add if it drops more.
Happy to see this vid when I own Medtronic since one year ! Great advices like always with chuck. Bu I think MED is now fairly value. Hope to see a drop again! Hey, what do you think of FIS ? Monster stock price drop this month. Could be a value play and the finances are more than great I think (no debt, low payout ratio, 21% dividend growth..). Let us know what you think about this one ;-) ! Have a nice day. Nate from Switzerland.
Excellent suggestion and analysis, Chuck - with thanks.
Great pick Chuck! I've been looking for a good conservative pick and MDT appears to be a winner, especially if they can find growth again.
great! bought last week!
chuck you look excited today ! awesome ! I am poor right now, so I cannot buy lomps of MDT !
Hi chuck. Thanks for the content. I interested to know how much priority you give to a metric like ROCE. For MDT this has flatlined around 5-8% over the last 8 years. It seems quite low with current cost of capital. Thoughts?
it takes all the puzzle pieces to paint a clear picture., Chuck
That comes from their terribly overpriced $43B acquisition of Covidien in 2015. Company has been a train wreck ever since.
As always - a very complete show of your great tool. But what about the massive Goodwill position in the balance? That's a whopping 50% ... Isn't that concerning?
Great video as always Chuck
Thank you for this evaluation
The stock is down another 7 or 8 dollars. Anyone have an opinion on the future now? Is it down because people can get a better rate at the bank? Just curious 👀
Really good one, Chuck. Thanks
More to the point if you had bought in 2011 for 30$ and held you now have a dividend over 8%.
Thanks for an excellent video
Why didn't you mention that the company is splitting into two companies??
there is a lot that I did mention. that spinoff is not exactly splitting into 2 companies. More of a spinoff and won't happen until next year if at all. Thanks for mentioning it, Chuck
Great company but tgere is 25% dividend income tax in Ireland so do not forget about it.
not US citizens
thanks chuck great video.
hey Chuck Amanda again, Im trying to absorb all your info, great stuff but a lot of info to take in but im trying, so with all the ups and downs in the times ahead and doing a lot of due dilligence to make a buy, and of course knowing the true fact that you cant pick a top or bottom, incidently I dont buy any risky stocks anymore as I lost a lot of money in the past doing this, my question is , even though a purchase of a top notch company whose price drops we hang on to it knowing that it will recover at some point in the future as we have done our research ,and hopefully it doesnt take to long to do that, what are your thoughts on actually selling the equity at a point in time, what is the signal to do that, I have recently bought Amazon at $135 then dropped in this choppy market and bought more at $85 as I know its only going to go higher , although it cou;ld go lower and im not to worried about that as I would have been 8 yrs ago, so what would you look at to make a sell decision thanks Chuck I value your advice
Just bought some shares. Thanks
They had disappointing trial data early November... 🤷
that was quick!
should i buy medtronic or no?
Bad numbers, they growthing just 2%...PE of 16 is still too much! Needs single digits PE
What the tax implications of an Irish company of a taxable account?
Dividend Withholding Tax Information
Medtronic plc has established tax residence in Ireland, and as such, dividends are considered Irish source income and Irish dividend withholding tax (“DWT") rules apply. Beginning with the dividend payable on April 15, 2015, payments will be subject to an Irish withholding tax unless the shareholder that is beneficially entitled to the dividend is a resident of the United States or a resident of a country listed as a “relevant territory”, and has ensured that the required information is on file with their broker, bank, qualifying intermediary or transfer agent (see below for more detail). With these rules, the vast majority of Medtronic shareholders and beneficial owners are entitled to an exemption from DWT.
Please answer the following questions to find out how to obtain an exemption from the Irish Dividend Withholding Tax (DWT) on your Medtronic plc shares. A W-9 or a W8-BEN is still required to avoid United States Dividend Tax withholding. You may already have these documents on file with your financial institution.
If Irish Dividend Withholding Tax (DWT) has been previously assessed to your account and you are looking for direction on claiming a tax refund or tax credit information click here.
It is up to each individual to review each alternative as it applies to their specific situation, evaluate its viability in the context of your overall investment strategy, and decide which one is right for you. As part of this process, you may wish to consult your own broker, financial advisor or tax advisor for their professional assistance. Not all alternatives may be right for you. Not all alternatives may apply to you.
I WILL BUY 10 SHARES i REMEMBER MDT BAD YEARS. tHE FACT A NEW PRODUCT IN DEVELOPMENT HAS FAILED IS NOT ENCOURAGING TO BUY BIG IMHO
MDT has a historic average growth rate of about 4%. Which is pretty weak. Assuming 12,5% in the future without any reasoning is illusory imho.
for starters, that is not my forecast. That is the long term forecast available from Reuters as reported by Yahoo finance. Analysts reporting to FACTSET are forecasting 8%. That was covered in the video. The reasoning was also presented in the video. you might want to watch again to pick up what you missed. Regards, Chuck
I just feel like it’s just had such poor growth.
the keyword has had. Future growth is expected to be better than recent growth. I cover this in the video. Thanks for watching
I just got a few shares. I used to work for them. Before they moved to Ireland. Most of the operation. All I can say about them is that they do things the right way. I believe this is a great opportunity. I also have been waiting for a few years. 🙂
MDT is a great dividend stock. Solid and reliable - just like you, Chuck. I remember some folks, even rather well informed, getting excited at $110-$105, 7-8 months ago. But a very quick valuation by Fastgraphs would have given the clear picture right away as always: This stock surely needs a P/E of no more than 15 in order for it to give some decent returns going forward. That's based on history as showed by FastGraphs and facts and not just some bull market hyped up p/e. At $82 it is a pretty nice deal for sure. Fastgraphs is so amazing in its simplicity. Actually I'd like it very much, if you made a video solely on stocks which historically has been highly coveted and thus richly valued by the market. What defines them and which characteristics (probably something with above par ROIC/ROE and great margins) do they have in common?
Have this at the back of your mind. there are good days and there are bad days it’s a zero sum game,
However always follow the tips ,save and invest wisely and make sure to diversify investments so when another is down the other is up. you can do so by getting an experienced firm whose platform has diverse investment choices to choose from. By doing this you give little room for regrets and perhaps gain more.
@@michaelchad5241 Funny enough I can honestly relate. I don’t know if I have permission to drop this here ,do a check on indextrade the are good at what the do.
Oh but didn’t you hear the current administration says everything is fine “no recession “
@@biyuwang9952 This is the second time I’m coming across the firm last week I saw a telecast on economic bubble there are testimonies about how the earn with their strategy though I need to make more research ,I’m still skeptical Do you work with them?
Not so reliable as of late, i.e. the Last 5 years!
Thanks for the analysis. I had MDT on my watchlist for some time now. I like to get a minimum dividend yield of 3%. Perhaps now is the time to get in.
Thx chuck for finding good value for us.
Thanks for content chuck
How long do you typically spend to make the initial decision to buy a stock when you have so many sources of information?
it depends on whether there are any issues that have to be analyzed. If everything looks good it might only take a few hours. also, a lot of my information is cumulative from past work.
Sales growth since the end of the financial crisis has been less than 5%, currently there has been a dividend of more than 3% for a long time, FCF growth in recent years has been just over 1%. I don't think these are all numbers that will knock your socks off in any way. The continuous growth (albeit at a very low level) and/or the financial strength as "A" rated and with very little debt is certainly positive.
you didn't even comment on valuation, I have failed you.
If the earnings report has some issues and it drops to low 70s I would be intrigued. Fair value is good but I rly like cheap although this stock rarely gets cheap
Great video, informative, thank you.
I hope MDT continues to go down.
This is another wonderful video. At the risk of repeating myself, just wanted to ask about TSCO (Tractor Supply Co). Have you done any recent videos on TSCO? They have generated large returns for shareholders over the past few decades. It seems to be one of those stocks that only goes up year after year and the business does not seem to be high risk or have esoteric business dynamics either. Good old fashioned rural retailing, much like a Walmart or a Berkshire Hathaway/Munger/Terry Smith type of investment where you just buy and never sell. The stock, or I should say the underlying great company, does all the compunding work over time. Thanks! - Tom
Hi Chuck. You seem bullish on future growth with MDT. What about this looming recession and all the predictions of the market dropping even more? Do you see MDT potentially dipping further in the beginning of '23?
do you ever take gains on your dividend stocks? the reason i ask is several of my energy sector stocks are up over 30% and i wondered how to determine if taking a bit of a profit, redistributing the profit among my other stocks, or just letting it ride is better.
Depends on your weighting, funds will reweight depend on there holdings. This is how they rotate ie from overtly weighted/maybe due say the oil stocks run..to drip into the smashed tech sector. But it’s what you personally feel happy with.
Bought some yesterday
Thank you Chuck, what’s the MDT price currently at a 15 PE?